Maribyrnong vs Nunawading
Property investment comparison - Maribyrnong, VIC 3032 vs Nunawading, VIC 3131
Head-to-head across core investment metrics: Maribyrnong wins 3, Nunawading wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Maribyrnong | Nunawading |
|---|---|---|
| Median house price | $1.2M | $1.2M |
| Median unit price | $500K | $810K |
| Gross rental yield (houses) | - | 2.82% |
| Gross rental yield (units) | 5.62% | 3.56% |
| 1-year house growth | +1.7% | +0.8%estimate |
| 3-year house growth | +9.5% | - |
| Vacancy rate | 1.4% | 1.0% |
| Population | 12,573 | 12,413 |
Maribyrnong vs Nunawading: what the numbers say
The median house price is $1.2M in Maribyrnong and $1.2M in Nunawading, so Nunawading is the cheaper entry point.
For units, Maribyrnong sits at a median of $500K against $810K in Nunawading, which makes Maribyrnong the more affordable unit market and Nunawading the pricier one.
Over the past year house prices moved +1.7% in Maribyrnong and +0.8% in Nunawading (an estimate), so recent momentum favours Maribyrnong, although both suburbs recorded growth.
Rental vacancy is 1.0% in Nunawading and 1.4% in Maribyrnong, so landlords in Nunawading face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Maribyrnong is the bigger suburb, with a population of 12,573 against 12,413, larger than Nunawading; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Nunawading for a lower purchase price, Maribyrnong for recent price momentum, Nunawading for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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